Excerpt from Further Considerations on the State of the Currency: In Which the Means of Restoring Our Circulation to a Salutary State Are Fully Explained, and the Injuries Sustained by the Public Treasury, as Well as by the National Creditor, From Our Present Pecuniary System, Are Minutely Detailed
But, unfortunately, we are now in a'very dif ferent state. We have abandoned that metallic standard we had for centuries enjoyed, and we have erected no new standard whatever. We are, and have been now for years, in the same situa tion, with regard to the power of estimating va lue, that a country would be in with regard to the means of ascertaining the quantity of any commodity, who, rejecting all measures,.sold its corn, its cloth, and the; other articles of its pro. Duce and manufacture, by what the contracting parties imagined to be a bushel or a yard whilst, by the length of time this system has endured, we are brought into a state in which this coun try never stood before; for, although it seems img possible that things can long go on as they are, it appears to be equally impossible to devise any arrangement which can restore equality to our car' reney with perfect justice to all.
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Paperback. Zustand: New. Print on Demand. This book argues that Britain's currency woes stem from a disparity between its metallic and paper money. The author traces the historical roots of this issue, demonstrating that the country has repeatedly altered its metallic standard without detrimental effects on its overall prosperity. However, the current situation is unique as Britain has abandoned its metallic standard without erecting a new one, leading to a state of monetary disarray. The author proposes three potential solutions, each with its own implications for individual property and justice. The book offers a nuanced analysis of a complex economic issue, providing valuable insights for understanding the historical and contemporary challenges of currency management. This book is a reproduction of an important historical work, digitally reconstructed using state-of-the-art technology to preserve the original format. In rare cases, an imperfection in the original, such as a blemish or missing page, may be replicated in the book. print-on-demand item. Bestandsnummer des Verkäufers 9781334473630_0
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PAP. Zustand: New. New Book. Shipped from UK. Established seller since 2000. Bestandsnummer des Verkäufers LW-9781334473630
Anbieter: PBShop.store UK, Fairford, GLOS, Vereinigtes Königreich
PAP. Zustand: New. New Book. Shipped from UK. Established seller since 2000. Bestandsnummer des Verkäufers LW-9781334473630
Anzahl: 15 verfügbar